Tag: trade tensions

Taiwan sets rules for TSMC’s overseas ventures

Taiwan Tightens Oversight on TSMC’s Global Expansion, Emphasizing Economic Protection In a strategic move to safeguard its economic interests, Taiwan has recently imposed new regulations on Taiwan Semiconductor Manufacturing Company (TSMC), mandating government approval for the company’s overseas joint ventures, particularly those involving advanced chip manufacturing facilities outside of China. This decision, announced by Taiwan’s […]

Taiwanese chip maker Vanguard warns of economic risks from US tariffs

Taiwanese Chip Maker Vanguard Foresees Economic Risks Amid US Tariffs The recent escalation of trade tensions between the United States and various countries around the world has sparked concerns about the potential economic impact of tariffs. Taiwanese chip maker Vanguard, a key player in the global semiconductor industry, has warned of the risks that these […]

Trump orders review of tariffs over digital service taxes

Trump Orders Review of Tariffs Over Digital Service Taxes In a move that could potentially shake up international trade relations, President Trump has ordered a review of tariffs on imports from countries such as France, Canada, and several others. The reason behind this review is the implementation of digital service taxes by these nations, which […]

Temu, Shein See US Sales Drop After Trump Targets China Trade

Temu, Shein See US Sales Drop After Trump Targets China Trade The recent move by President Trump to eliminate the exemption of customs duties on parcels under $800 from China has sent ripples through the retail industry. Companies like Temu and Shein, known for their affordable and trendy clothing options, have seen a significant drop […]

Thailand pushes for semiconductor growth amid trade tensions

Thailand’s Ambitious Drive Towards Semiconductor Growth Thailand, known for its vibrant culture and picturesque landscapes, is now setting its sights on a new frontier – the semiconductor industry. With trade tensions looming large on the global economic horizon, Thailand is gearing up to invest a staggering 500 billion baht to establish itself as a significant […]

ASML exceeds expectations with surge in AI demand

ASML: Leading the Charge in AI Demand Surge ASML, a prominent player in the semiconductor industry, has recently made headlines with its exceptional performance fueled by a surge in demand for AI technology. Despite facing significant geopolitical challenges, the company has managed to not only meet but exceed expectations, showcasing a strong financial performance and […]

Taiwan emphasises strong ties amid Trump’s tariff threat

Taiwan’s Commitment to US Economic Cooperation Shines Through TSMC’s $65 Billion Investment As the world braces for the potential repercussions of President Trump’s tariff threats, Taiwan stands out with a bold move that underscores its dedication to fostering strong ties with the United States. Taiwan Semiconductor Manufacturing Company (TSMC), a global leader in semiconductor manufacturing, […]

Samsung and LG consider US manufacturing shift, report says

Samsung and LG Considering US Manufacturing Shift Amid Tariff Concerns In the ever-changing landscape of global trade, major players like Samsung and LG are constantly seeking ways to adapt and thrive. Recent reports have indicated that both tech giants are considering a significant shift in their manufacturing strategies, with a potential move towards increasing production […]

China Proposes Export Restrictions on Vital Battery and Mineral Technologies Amidst Global Trade Tensions

In a strategic move that could reshape the dynamics of international trade, China has announced its intention to implement export restrictions on critical battery and mineral technologies. This proposal, unveiled in early 2025, reflects the nation’s growing concern over protecting its domestic industries amidst escalating global trade tensions, particularly with the United States and the […]

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